The Crucial Role of Neodymium Magnets in the EV Industry

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Have you ever heard of the neodymium magnet? If not, you've been living under a rock. And if you’ve heard about it, you probably haven't spent much time thinking about it. Don't feel too bad though; most people have very little knowledge about magnets, and even fewer know how beneficial neodymium magnets are in the modern world. The neodymium magnet is a kind of permanent magnet that has different properties than other kinds of magnets. Though it’s not that popular, the neodymium magnet is used in many modern technologies including electric motors, generators, and speakers among others. Join us in this video as we explore this neodymium magnet battery breakthrough.

A magnet is a piece of metal that attracts other metals. Neodymium (Nd), a chemical element with the atomic number 60, is a hard silvery metal. Although its silvery metal is slightly bendable, it tarnishes quickly in air and moisture. Following oxidation, the neodymium element reacts to quickly produce pink, purple/blue, and yellow compounds at the +2, +3, and +4 oxidation states. In general, Neodymium is thought to have one of the most complicated spectra of any element. It is regarded as one of the "rare-earth metals" and is the fourth member of the Lanthanide series.
Carl Auer von Welsbach, an Austrian scientist who previously discovered praseodymium, discovered neodymium in 1885. It can be found in substantial amounts in the minerals monazite and bastnäsite. Neodymium must typically be refined for general usage because it is rarely found naturally in metallic form or unmixed with other lanthanides. Neodymium is widely dispersed across the Earth's crust and is rather common—about as common as cobalt, nickel, or copper. As with many other rare-earth metals, China is home to the majority of the world's commercial neodymium mines.
Neodymium compounds were first used commercially as glass dyes in 1927, and they are still a popular additive today.

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